The income statement and balance sheet for 40 Watt Inc. are as follows: 2019 Sales $2,000,000 Cost of goods sold 700,000 Gross profit 1,300,000 Depreciation expense 70.000 Wages expense 798.000 Loss on disposal of PP&E 2.0001 Net income $430,000 2019 2018 30.000 20.000 540,000 500.000 2019 2018 Cash $125,000 $75,000||Accrued wages payable Accounts receivable 100,000 60.000 Inventory 30.000 55,000 Long-term debt Investments 40,000 25,000 PP&E 1.440,000 1,400,000 Accumulated depreciation (740.000) (700.000) Shareholders' equity $995,000 $915,000 425,000 395.000 $995,000 $915.000 Additional information for 2019 is as follows: Purchased property, plant and equipment for $80,000. Sold property, plant, and equipment that had a net book value of $10,000 for a loss of $2,000: the equipment originally cost $40,000. Proceeds from sale of common stock $20,000 Repurchase common stock $150,000 Prepare a statement of cash flows for 2019. Answer the following questions. Note: You can prepare the statement in Excel and copy/paste your statement into the question below that has "0" points assigned to it your properly formatted statement of cash flows could be instrumental in obtaining partial credit for the next 4 questions. NOTE: These amounts are as is (e.g., not 'thousands' or 'millions'). Thus, make sure your answers are also "as is" (e.s., do not round to thousands)